Remember to revise and revisit your financial plan periodically

Financial Planning is a process, not a product.
Because your life will undergo frequent changes, and because your assumptions require constant updating, financial planning is a lifelong process, not a report you shove onto a shelf and ignore.
This means you need to revise your plan periodically. Your financial plan should be revised if:
1. One to three years have passed since you last updated it.
2. There have been any changes in your:
a. Goals
b. Health
c. Marital status
d. Occupation or employment
e. Income
f. Expenses
3. There has been a birth or death in the family.